Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
4,191
Investor alert! Corner CMX-2 mixed-use value-add with major upside. This 4000+ sf property includes a street-level commercial unit plus multiple residential units: 1BR (1st floor rear), 1BR (2nd floor rear), 2BR (2nd floor front), and a 3rd-floor shell ready for your build-out—configure as a 3BR or potentially two additional units to increase income (buyer to verify zoning/use, permits, and unit count). Separate utilities support efficient operations and strong long-term rental performance. The property needs work, but the layout, zoning, and unit mix create a clear path to stabilization and cash flow. With renovations and the right leasing strategy, income potential can approach $10,000/month with Section 8 tenants (buyer to verify voucher amounts, payment standards, inspections, and eligibility). With relatively low baseline holding costs (taxes/insurance/water per seller), this is a strong candidate for high NOI and attractive cap rate potential once stabilized. Schedule your showing today!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Hot Water, Baseboard, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.05
-
Lot Size(square feet)
2086.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$319,900
-
Tax Amount
$3,064
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
46
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Jennifer L Bennett , Perfect Place Real Estate Co.
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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